Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (96831)	4/4/2002 4:45:52 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

H-P's Fiorina Got $1 Million Salary, Options on 1 Million Shares in Fiscal 2001 Dow Jones Newswires WASHINGTON -- Hewlett-Packard Co . (HWP) Chairman and Chief Executive Carly Fiorina was paid a $1 million salary and received options on one million shares for the year ended Oct. 31, 2001 , according to a proxy statement filed Thursday with the Securities and Exchange Commission. Ms. Fiorina's salary remained the same from fiscal 2000, but her option grant fell from 1.3 million shares in 2000 to one million. She received no bonus in 2001, compared with a $1.8 million bonus in 2000. According to the filing, Ms. Fiorina received no bonus in 2001 because of a failure to meet performance objectives. Ms. Fiorina's "other annual compensation" fell to $74,811 in 2001 from $205, 113 in 2000, and "other compensation" fell to $173,262 in 2001 from $755,266 in 2000. The company estimated the "grant date present value" of Ms. Fiorina's 2001 option grant, using a modified Black-Scholes model, at $13.5 million. The million-share grant has an exercise price of $35.13 and an expiration date of November 2010 .